
Closing Bell Overtime: Wall Street’s Big 2-Day Rally 10/4/22
Closing Bell
00:00
Do You Need a Fed to Signal That December's It?
We've been saying since mid-year that the Fed would pause, conditional pause on December 14th meeting. Inflation leading indicators are all falling. Global liquidity is tightened quite a bit. I don't think you have to worry about a recession until the second half of 23. There is room for a rally as you go into the early part of next year.
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